How major US stock indices fared on Friday
Help poured into Wall Street on Friday, even as deadly attacks continued to rage in Ukraine.
Stocks rose sharply, oil prices fell and investors turned away from gold and other traditional safe havens they favor when fear is high.
Stocks have seen wild swings as Russia’s invasion raised the prospect of even higher inflation, particularly energy prices, and threatened to dampen the global economy. Volatility looked likely to continue, with so much uncertainty over Ukraine as well as how quickly the Federal Reserve will raise interest rates.
Friday:
The S&P 500 rose 95.95 points, or 2.2%, to 4,384.65.
The Dow Jones Industrial Average rose 834.92 points, or 2.5%, to 34,058.75.
The Nasdaq gained 221.04 points, or 1.6%, to 13,694.62.
The Russell 2000 Small Business Index rose 44.92 points, or 2.3%, to 2,040.93.
For the week:
The S&P 500 is up 35.78 points, or 0.8%.
The Dow is down 20.43 points, or 0.1%.
The Nasdaq is up 146.56 points, or 1.1%.
The Russell 2000 gains 31.60 points, or 1.6%.
For the year:
The S&P 500 is down 381.53 points, or 8%.
The Dow is down 2,279.55 points, or 6.3%.
The Nasdaq is down 1,950.35 points, or 12.5%.
The Russell 2000 is down 204.38 points, or 9.1%.